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May 30, 2012 | 02:31

Irish vote small step for Europe....giant leap for Ireland

May 30 - Ireland is likely to vote for the EU's ''fiscal compact'' this week. Its people prepared to accept more austerity in the short term in return for a more secure future in Europe over the long term.

TRANSCRIPT +

Ireland must choose. Followed Germany's leads on not. The country goes to the polls on Thursday to port on YouTube's new fiscal compact. Rules picked up in Berlin aimed at forcing governments to get the spending under control. More austerity we'll treat even more hardship and the -- campaign has an easy hit the got a real against. But the latest polls point to a yes vote not because people want more hardship. But because the sea island's long term future as the most secure within Europe and on the margins. Ireland needs to vote yes anyhow because it needs a second bailout. And what's more Ireland needs to think about its position within Europe especially as countries are going to be pulling out of the eurozone. And -- entire growth model. Is reliance on multinational companies setting up their European headquarters in Dublin. For access to the greater European market so much more important than Ireland's relationship with the eurozone is Ireland's really. Separately EU. Turbulence in the years ahead as almost guaranteed. But the yes campaign argues that a vote in favor -- will help the Irish economy recharge his batteries. And hopefully one day take off again. -- voting yes and I think art and will vote yes I think B if you caught through all the fog and the robe instead spun about the referendum an ardent. Faces a referendum about -- preventing politicians spending money that they don't have. And I think that would be university welcome not just an -- but across Europe. We need to prevent European government spending money they don't have. I and I think the Irish have enough common sense. To vote yes I -- will vote yes by a significant majority. So this island it's a timing point maybe. But even -- mobile is unlikely to be the end of the ruled island voted against the Lisbon Treaty in 2000 inmates only for the government to hold another referendum regulates up. Well -- and -- tough form off by returning to that day and to the developing holds an artist can get up and vote that they wanted so this. It's not necessary something to worry about I think it could be delayed and one of the government ministers has pretty much -- the thought that could be a possibility. Off another referendum if this plan doesn't go ahead. Should Ireland vote no the fiscal compact will still be ratified at seventeen of the EU's 27 nations sign up to it. But the yes campaign hopes to convince you -- the island remains very much open for business I'm Jamie -- you vote for Reuters.

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